-40 Week symmetrical triangle
-Weekly Bollinger bands within the confines of triangle ready for possible expansion
-With rising rates and LIBOR OIS spike, precious metals rally a probability
Missed the breakout of horizontal range for prepositioning of major move but will remain conservative for position establishment at 30 basis points
-Weekly Bollinger bands within the confines of triangle ready for possible expansion
-With rising rates and LIBOR OIS spike, precious metals rally a probability
Missed the breakout of horizontal range for prepositioning of major move but will remain conservative for position establishment at 30 basis points
Comment:
Yet again, not original idea. Highlighted by Peter Brandt... just to remain transparent